240 E Prospect AveHamburgNY14075
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hamburg at 240 E Prospect Ave, Hamburg, NY, 14075 uses $120,998 cash to close to unlock $5,269/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $2,876/mo, and a $1,786/mo payment keeps the spread at $439/mo. Purchase price stands at $365,000, and rental yield measures 9.46% with $2,876/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 126.87% and total cumulative return in cash records $153,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,876/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14075, Hamburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,438 (100%) |
| Owner Occupied HU | 14,350 (70.2%) |
| Renter Occupied HU | 5,045 (24.7%) |
| Vacant Housing Units | 1,043 ( 5.1%) |
| Median Home Value | $287,251 |
| Average Home Value | $316,698 |
Housing Distribution
Address Breakdown
Residential
19,652
Single Family
16,758
Multi-Family
2,894
Businesses
1,135
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